Tds
This query is : Resolved
29 October 2013
if Mr. A, Chartered Account is appointed on "CONTRACT BASIS" in M/s XYZ (Chartered Accountant's Firm), paid Rs. 3,00,000 during the previous year 2012-13. Now under which section XYZ should deduct tax?? under 194J as professional fee or under 194C as contract??
29 October 2013
194J will be applicable on payment made to chartered accountant for his professional services
Message likes :
1 times
29 October 2013
a chartered accountant is never considered under 194C.
Message likes :
1 times
29 October 2013
Agree with GaneshBabu ji,
TDS is to be deducted U/S 194J @ 10 percent...
TDS is to be deducted U/S 194J @ 10 percent...
Message likes :
1 times
30 October 2013
Anything paid to chartered will b considered as professional fees. And Tds deducted u/s 194J.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
